When Carrefour, Tesco, or Wal-Mart Set Up Shop in Developing

question 64

True/False

When Carrefour, Tesco, or Wal-Mart set up shop in developing countries, they provide customers with access to more products and lower prices than were available previously.This is an example of global retailing.

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Definitions:

Demographic Data

Statistical data relating to the population and the particular groups within it, such as age, gender, income level, etc.

Inexpensive Option

A cost-effective or budget-friendly choice available to consumers or businesses within a particular market or category.

Minnesota

A state in the Upper Midwest and northern regions of the United States, known for its lakes and forested areas.

Scanner Data

Information collected at the point of sale through barcodes or RFID tags, used for inventory management and consumer behavior analysis.